1) A mechanic bought an old scooter for 6,200 and spent = 1800 on its repair.He sold the scooter for
* 10,000.Calculate his profit or loss per cent. with solution please
Answers
Answered by
1
Cost Price = Price brought + external expenses
Scooter brought at
= 6200
Scooter Repaired
= 1800
Total CP is
= 6200 + 1800
= 8000 Rs
He sold The Scooter for
= 10000
Therefore Selling price = 10000
Profit = Selling price - Cost Price
= 10000 - 8000
= 2000
Percent of Profit = profit (upon) Selling price ×100
= 2000 ×100
10000
(Eliminate The Zero form 10000 to 100 and 2000)
= 20 %
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Answered by
0
20% is the answer............
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